Republic Bank (Ghana) Income Statement

Financials in millions GHS. Fiscal year is January - December.

Millions GHS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	1,248	1,287	1,202	975.43	625.16	482.67
Interest Paid on Deposits	520.92	532.41	552.12	417.87	232.23	179.42
Net Interest Income	727.29	754.45	650.15	557.56	392.92	303.25
Net Interest Income Growth (YoY)	7.36%	16.04%	16.61%	41.90%	29.57%	11.81%
Income From Trading Activities	57.09	55.63	49.92	55.22	34.01	27.85
Gain (Loss) on Sale of Assets	1.2	1.2	1.14	0.08	0.73	2.29
Gain (Loss) on Sale of Investments	26.06	23.62	5.33	-3.05	4.69	4.09
Other Non-Interest Income	224.54	214.28	162.62	139.27	118.75	88.53
Total Non-Interest Income	308.89	294.73	219.02	191.52	158.18	122.75
Non-Interest Income Growth (YoY)	37.90%	34.57%	14.36%	21.08%	28.86%	14.85%
Revenues Before Loan Losses	1,036	1,049	869.17	749.08	551.1	426.01
Provision for Loan Losses	21.2	20.7	31.61	66.09	241.61	20.45
Revenue	1,015	1,028	837.56	682.99	309.5	405.56
Revenue Growth (YoY)	15.73%	22.80%	22.63%	120.68%	-23.69%	22.92%
Salaries and Employee Benefits	314.99	311.93	283.41	233.73	186.37	152.68
Occupancy Expenses	62.05	58.58	43.56	34.8	26.93	22.86
Selling, General & Administrative	18.31	15.8	14.9	11.82	12.64	11.19
Other Non-Interest Expense	242.94	243.51	198.09	174.36	99.41	92.97
Total Non-Interest Expense	638.28	629.81	539.96	454.71	325.36	279.7
EBT Excluding Unusual Items	376.71	398.67	297.6	228.28	-15.86	125.86
Pretax Income	376.71	398.67	297.6	228.28	-15.86	125.86
Income Tax Expense	99.86	110.73	86.92	83.24	45.27	35.98
Earnings From Continuing Operations	276.85	287.94	210.68	145.03	-61.13	89.88
Minority Interest in Earnings	-11.77	-11.04	-8.81	-5.01	-2.55	-1.64
Net Income	265.08	276.9	201.87	140.03	-63.68	88.24
Net Income to Common	265.08	276.9	201.87	140.03	-63.68	88.24
Net Income Growth	23.92%	37.17%	44.16%	-	-	56.41%
Basic Shares Outstanding	-	852	852	852	852	852
Diluted Shares Outstanding	-	852	852	852	852	852
EPS (Basic)	-	0.33	0.24	0.16	-0.07	0.10
EPS (Diluted)	-	0.33	0.24	0.16	-0.07	0.10
EPS Growth	-	37.19%	44.14%	-	-	56.45%
Dividend Per Share	0.050	0.050	-	-	-	-
Effective Tax Rate	26.51%	27.78%	29.21%	36.47%	-	28.59%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.